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arguing that the president's job creation efforts have only added to the deficit. >> a couple nights ago we had a debate. you may have had the chance to see that. >> reporter: before the jobs number, romney was riding a wave of momentum after this week's debate, he even got a pass from the president who never mentioned romney's comments on the 47% of americans who don't pay income taxes. >> 47% of the people will vote for the president no matter what. >> reporter: romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you'll say something that doesn't come out right. >> reporter: democrats maintain that tone deafness extends from main street to sesame street. so, obama aides sent a protester in a big bird outfit to mock his call to end funding for pbs. romney will spend part of the weekend in debate prep and the other part in hitting the president on the economy as a senior romney adviser put it, job growth should not be the new normal. >>> now to that shoot
the official u.s. deficit this year. it is a doozy. you think your credit card bill is high? we're crunching those numbers. >>> a company will let you turn the outside of your home to a large billboard. people are scrambling to get in line. the guy behind this idea is here to explain. even when they are not, it's always about money. melissa: first, let's take a look at the day's market headlines. stocks closed out the week moving between positive and negative territory. u.s. consumer sentiment hit its highest level in five years but worries over bank profits and potential bailout for spain helped put a damper on investor optimism. the dow squeaked out two teeny, tiny points. advaed micro devices with the biggest loser on the s&p 500. the semiconductor maker cut its third quarter outlook, primarily blaming slowing global demand on weakening global economy. >>> business software company public debut isthe biggest ipo since facebook. that was back in may. >>> to our top story tonight i don't know about you but i envision peace and olive branches when i picture the european union. look at the pi
: ashley, president obama promised to cut the deficit in half. of course that has not happened yet but our budget deficit for the year is still pretty high. up next, the latest numbers from the treasury. and if the deficit story doesn't ruffle your feathers this one might. big bird's salary. the person inside big bird. let's just say he's probably in the 1%. ♪ . u see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday y see all the ways all of us at us bank are helping grow our economy. lending mo so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. liz: treasury department released the budget numbers today. ashle
a lot more. we'll talk to douglas holtz-eakin on the budget deficit. he will give us some insight and analysis how it all works into the election next hour. friday trading session still underway. we'll see you in the next hour. keep it here on fox business. [ le announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of llars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all
pearson with breaking news on the deficit. hampton. all right. we're going get to hampton in a second. >> we'll wait on that breaking news. >> yes, exactly. >> in the meantime, less than an hour to ago, this trading day, is the dow going to go lower for the fifth session in a row? a five-day losing streak may not be a huge red flag for some people, but pension partners says u.s. markets are behaving in a way that suggests either a correction or something more severe may be on the way. >> in today's "closing bell" exchange, we have pension partners and our own rick santelli. michael, the signals that the markets are sending, boy, it's been going on -- hold on, folks. let's go to hampton pearson with breaking news on the deficit. >> michelle, from the treasury department and the omb, the final results on the 2012 deficit, and here are the highlights. the fy-2012 deficit was $1.89 trillion, $207 billion less than the 2011 deficit. the 2012 deficit came in lower than previously forecasted as the treasury department and omb. $121 billion less than forecasted at the mid session review. as a
it comes to the fact that matter the most the jobs market debt and deficit in his easy to of this gate and we saw lot of that last night with the vice-presidential debate. i want to set the record straight. vice president biden use the word fact 26 times the hard pressed to deliver any. over tax policy biden: the only way to find $5 trillion of loopholes is to cut the mortgage deduction, health care deduction take away the ability to get a tax break to send kids to college. ryan: he is wrong about that. you can preserve the purposes for middle class taxpayers. biden: has never been done before it. ryan: it has been done a couple of times. jack kennedy, ronald reagan. biden: now your jack kennedy? gerri: that was a cheap shot. bided was wrong when he claimed lower tax rates never had higher revenues. 1920's were slashed from 70% down a 20%. there rose 60%. kennedy cut across the board with the top rate down at 70%. tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even c
for that revenue, and if you don't close $4.8 trillion in those loopholes, two things happen, either the deficit goes up, or more likely is the middle class is going to see their taxes go up. >> but he's saying, as you know, robert, he's stating unequivocally that he will not push the tax cuts if they increase the deficit and that he will not push them if they force back increases on the middle class. >> well, then he has -- then he's got no economic theory. then he's walked away from 18 months of what the whole campaign has been about. but, george, we've seen this movie before where people say, oh, don't worry. it's all going to get paid for. it's fine. when you ask him what loopholes will you close specifically for wealthy earners to help pay for the $4.8 trillion in reduced revenue, there's no answer. i mean, let's be clear. paul ryan a week ago was asked about the math for this, and paul ryan, said, look, the math takes too long. well, mitt romney's solution is he just decided there wasn't math involved in this problem, and that's absolutely crazy. look, the only thing he outlined that he wo
of the presint, steve wynn was one of them saying we need to tackle the deficits this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american j creation. neil: steve thank you very much. this is up the ante for tomorrow night, fox business will continueo cover the crucial debates, tomorrow. vice more like a bunny slope. "new york times" and saying, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but fst the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to ♪ [ male anuncer ] how do you turn an entrepreneur's dream.
and that that, we can do that on a basis which won't increase the deficit. that was their position as i said for 99% -- >> but still his position -- >> hold on, joe, and you cannot do that as a mathematical matter without raising the tax burden on the middle class, it's not possible and all this debate about my studies and your studies is not possible, as bill clinton said at the democratic convention it's arithmetic. >> can we taxle the deficit without affecting the middle class? >> if i were vice president biden i'd put that back on the table and push it because it's too late to change your position 30 or 40 days before the election in a campaign that's gone, you know, for a year and a half. it's too late especially on an issue which you've been talking about every single day for those 18 months. it's too late. i'd take the view you can't change your position on something like that 30 days before the election, you can't change your position on repealing every fapset of obama ca facet of obama care or every facet of dodd-frank. we have a debate tonight, so to say nevermind, that doesn't wor
's going to be a shaming period. also, the risks of the budget deficit and 2013's challenges that regardless of who wins the election or controls congress is quite clear that the economy will have to suffer potentially from higher taxes and indeed reduced government spending. >> rick santelli, you heard that whole list of reasons. is that why we saw this ten-year auction today? people gobbling up ten-year government debt at these extremely low yields because they think they're not going to get much better elsewhere? sounds like people don't think there's a lot of growth coming. >> i think there's a little bit of truth in all of it. i'll bring up another point. i think october, a lot of mutual funds ahave the end of their fiscal year. it's been a good run for stocks. the spread between what the stock market is telling us and the economy is pretty wide. the election, depending how it turns out, could have a lot of implications. to me, it makes perfect sense the closer we get to the end of the year, the closer we get to november, people are going to be lightening up. it all make
money, at some point something bad happens. >> 180% of gdp, their deficit. we're 9%. so always a good idea to spend more money than you're take manage to try to get out of a recession. that's where you're at right now. so what you're doing is a government telling you that there will be inflation, we're going to keep interest rates very low. what that does, it encourages corporations to invest. the corporation sitting there with $2 trillion on their balance sheets and what they have to do, they have to invest to create jobs. the government is saying you can leave it there and wait for a disaster, but if you do, it will go down in value 4% every year and, therefore, encourage people to lower the dollar. that makes products worth more. so we're trying to encourage people to build products and plants. >> we had lloyd blankfein and simpson and bowles talking about the fiscal cliff. this is what lloyd blankfein had to say. >> i'd be a buyer of the market. goldman sachs would -- we not only value company, we're a company ourselves. we would be assuming that our business would grow, that comp
of planned parenthood funding. apparently, this along with big bird is driving the deficits. >> reporter: the campaign rallies and the presidential debates are very different events, but the contrast in body language and the sales pitch is hard to overlook. zingers are back. >> my opponent is trying to do a two-step and re-position. and got an extreme makeover, governor romney was fact-checked by his own campaign. >> reporter: and so was talk about governor romney's mention of the 47% fundraiser, which never came up in the debate. >> we have all said that real change takes time. it certainly can't happen if you're willing to write off half the nation before you take office. >> reporter: many argue that while the president lost on performance at the debate, he won on substance. but his gop opponent, campaigning in virginia, begs to differ. >> i get the chance to ask the president some questions, i think people across the country wanted to ask him these questions. i got a chance to ask why the middle class is so buried in this country, incomes have gone down. price of gasoline has doubled.
. there is no predictability right now. we are in the same place this year that we were last year. you know, these deficits are struggling. lou: you are campaigning for governor romney in ohio. he will continue to do so. in ohio, when they have a 7.2% unemployment rate -- they are enjoying a far better recovery from the recession that nearly all of the country. what is the most persuasive message that you can take to the voters they are? >> well, i think in the state of utah, we are doing well in spite of what washington is doing. but it's not going to be too long. we are all going to bear the burdens that the president has put on us. we will feel the pain the president has put on us. we are doing well in spite of barack obama, nothing thinking is what happened in ohio. what we need to do is we need to get people on their feet and ready to go, get them fired up. it is obvious that during the debate, barack obama has no idea how to get the economy going. mitt romney definitely knows the country this country needs to take the one thank you for joining us, mia love. critics may have panned a new liam neeson m
in that debate on issues that he really wanted to talk about, jobs and the deficit. my understanding is that you just looked at this today and found obama scored 20 on the deficit and romney scored 41. when the team to jobs, 24357. run the way out ahead. >> obama keeps saying, romney's test plan will go below this $5 trillion : the budget. the other line, i have this $4 trillion plan. there is no plan. i have to blame people in the media. they are correctly pressing romney to be more specific about his plans, but i don't think that the press has been even handed in asking barack obama about his plan. you keep saying have a $4 trillion plant. i have not seen it. >> here is another issue along those lines. the president has gone so negative year. calling romney a liar which is something you don't typically do. >> i live in virginia, so we are just saturated. everytime you turn of the tv. football game, fox news. one after another, and these guys almost all of the obama ads are-. and that -- and not so sure that works so well for an incumbent is to go after the opponent like that. gerri: how much g
blankfein, the man at helm of goldman sachs. a man on the deficit reduction committee and voted against simpson-bowles will tell us why he didn't like it and what he wants to hear in tonight's vp debate. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your
a credible plan to reduce our budget deficit, that's delivering very low interest rates for us in the markets at the moment. so that is the proof that there's international confidence in our plan. >> gilt yields are slightly lower. we're waiting for spain of course to ask for a bailout. spanish yields are lower. and if they stay in those sort of levels, spain will ride their luck for as long as they can. back to you. >> i was with you on that, ross. your audio guy was sleeping there for a second. we were going to step in and help you, but that was -- it was the eads, that's very unsettling what's happening with the eads. very unsettling. i'm anxious about how that finally plays out. >> no delay. >> just flew right over ross. >> flew right over ross. we may eventually have really quick flights again. did you see this guy who is going to jump out of balloon? he'll break the sound barrier. but as you're falling, since there's no -- what keeps you at terminal velocity is the air. if there's no air, they think he'll he break the speed of sound. >> why is he doing this? >> because he can. >> yeah,
the debate the other night was the deficit. the scrocketting deficit under president obama. remember, that the total federal deficit under president obama is still at $5.2 trillion. >> that's the debt that has been added, i think. the deficit right now it was also went down yesterday. the debt. and the deficit is now 1.1 trillion. that was also came out yesterday morning. >> another barometer people always look at, too. is food stamps. 2009 what did we have 33.5 million, right? and then in 2010, 40.3. last year 44.7. and look at this year already. 46.8 million. that's as of july. >> big jump. >> yeah, so are companies hiring? that could be the good sign that companies are hiring. you want to have some good news, right? and it's hard because you are seeing manufacturing though for the second straight month also slipping. that's a sign of the strengthening economy as well which is getting the economy moving. >> but for people who don't pay attention. you know, you look at that number 7.8. things are turning around. >> are your pants ringing? >> is that my -- it is my phone. hold on a s
one loophole you'd close, you're not going to run up the deficit or taxes on the middle class. >> very quickly -- >> no, no. it goes back to bill clinton. >> there was a story out yesterday that that claim is fiction because you don't count the loophole closing. >> what loophole? >> he talked about mortgage interest. really quickly -- >> mortgage interest? >> he has never talked about mortgage interest. >> the hilarity that there is one -- >> we have one loophole. >> mike, finish, but then i want to get on to something else. >> the president says he wants to lower tax cuts to big corporations. how to pay for it? loopholes. what loopholes? nothing. we'll tell you after the election. you're attacking romney for the same thing. >> i want to talk about the gas prices. one thing that was striking, speaker gingrich, is what some were arguing about the actual numbers. jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation. he was on "hardball" with chris matth
, and the numbers are troubling. on a day in which the congressional budget office announced the 2012 budget deficit came in at $11 trillion for a fourth straight year, turns out our out of control spending includes roughly $450 million given every year to the corporation for public broadcasting, $8 million of that going to, that's right, sesame workshop and big bird. it appears easy to dismiss millions of dollars when the government faces trillion of dollars in debt. the left may be cute with a call to end funding for public broadcasting, but here's the homework the left should have done before they and president obama began their reflective aattacks. they are $388 million in assets now. in merchandise sales alone, it brought in $45 million, five times what it received in government grants. that little cute sesame workshop turns out to be a moneymaker producing hundreds of millions of dollars. we take all of that up tonight with former george bush senior adviser carl rove, and as well, the unemployment rate falling to 7.8%, employers adding just 114,000 jobs. we're talking about that, and, yes, big
is he's talking about tax cuts and deficit reduction at the same time. and the pew poll that came out earlier this week, wolf, said six in ten voters believe that romney is promising more than he can deliver. one reason bill clinton's speech was so popular at the democratic convention was he said the arithmetic doesn't add up. so you can push is this just rhetoric during a campaign, or is this real? if you want to close tax loopholes, okay, fine. what loopholes would you close? he's got to answer that. and so far hasn't done it. >> his argument is i don't want to put all that out right now. because if he's president, he's going to have to negotiate all those issues with democrats. and why put your own position out right now. >> sure. >> i don't know if his argument's going to necessarily hold. that's another matter. a lot of folks have seen romney over these past couple weeks at the debate, in the interview with me, moving more towards the center. do you see that? >> i did. i saw that particularly in your interview when he talked about the wealthy and how his tax plan would affect the
at the same time they're lecturing people about the deficit. we need to deal with the deficit and the folks at the very top should go back to paying the same rate they did during the clinton administration. when we had 20 million jobs created and the economy was doing great. so i thought this was a great night in exposing the really clear choice for the american people. you've got one guy who comes from scranton, pennsylvania. he's a fighter for the middle class. his policies back him up. you have another ticket that discovered the expression middle class in the last six months on the campaign trail. that was really clear. >> congressman chris van hollen of maryland. thank you very much for joining us tonight, sir. we know you're busy and a lot yet do. good luck winding down from being paul ryan, sir. i will say what you just saw there from congressman chris van hollen if you contrast that with us talking to david plouffe last week after the presidential debate and see the sort of democratic buoyancy out of this, what everybody said going into this was the democrats were looking for somethi
to get romney to bigger deficits. they do not take them and they just received really must get the point across about how it affects him. we love hearing from you. send me an e-mail and gerri@foxbussiness.com. finally, helping the homeless. it has been a growing problem for decades. the big apple has more than 46,000 homeless people in the city, 14% of the nation's homeless population. for some context, l.a. is second with just 3%. as a result, michael bloomberg has opened 10 new homeless shelters in recent months. chelsea and greenpoint. all of you non-new yorkers out there, residents are fuming, saying that these areas are now unsafe and dirty. bloomberg says it's the nature. with unemployment so high, these people need to go somewhere, but i do find it curious within the neighborhood that i mentioned so far, could it be because that is where mr. bloomberg lives? that is my "two cents more". coming up tomorrow, as vice president joe bide
and deficit this country is facing, it's clear that we have a lot of problems in this country that the president has just not addressed, and i think that's why we saw his debate performance the way that it was a couple of nights ago. he has a really, really hard time defending his record, defending the last four years and that's why we saw such a difference between him and governor romney on the stage last wednesday in denver. >> kirsten, thank you very much. appreciate it. >> thank you. >>> a 12-year-old boy is attacked on a school bus but didn't tell his mother. we'll tell you how she found out. >>> it's one of the most recognizable guitar riffs ever recorded. the theme to "james bond." ever wonder how much the guy who played it made? we'll tell you next. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ >>> you know t
for oil and gas. why it was with a deficit of a trillion dollar, record-breaking dell sit, that he spent $90 billion sending money to green energy companies, some of whom had contributors that had given to his campaign. i got to ask him why it was that he had promised health insurance premiums would go down by $2,000 per family and yet they've gone up by $2,000 per family and the only ansz he had a few weeks ago was this. jose, you know you kent change washington from the inside. we're going to change it from the outsiechld we're going to give him that chance on november 6th. [ cheers and applause ] >> and i've got more questions now, of course. we may get a chance to ask these as well. why it is with 47 million people on food stamps -- you think about that. when he took office, there were 32 million people on food stamps. he's now add 15 million more, all right? more than the population of ohio. the income of the median family in america has gone down by $4,300 per family. in times like this, what is he talking about? saving big bird. when i'm president i'm going to help save the americ
will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? are we dissing mother had? this is going to be a panel. you will love it. it will be a lot of fun. ♪ [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call y
and nobody believes the unemployment numbers. the trade deficit widened so even if the employer numbers were good there are too many other factors that hampered growth. dave: the labor department says there is an accumulation of claims that a likely submitted over a period of several weeks but not processed until the return to the quarter. apparently the state in question, this is the state that supposedly underreported -- tallying for this week, we should see some sort of catch up. is this going to eventually balance out? are we going to see this playing with numbers until election day? >> it is easy to have conspiracy theories here. i am not about to do that. even going back to the payroll number, when you look at the payroll number, you saw it was a weak number internally mostly due to temporary workers. that was the reason for the drop in the unemployment rate. the labor situation in my mind despite the better than expected number today which is questionable and the payroll number, the labor situation is not much better at all. liz: investors are dying for somebody to tell what to do. wh
are they going to cult the stuff that really impacts the debt and our deficit? this is a growing problem that can't be fixed with a scalpal,
in the u.s., reducing oil dependency and balance much trade deficit. melissa: all you've done is talking points. you haven't answer ad single question. we're out of time. could you anticipates one of the questions. >> melissa, here is the facts. the facts are, more people are going back to work. the unemployment rate is 7.8%. this is looking very much like 1984 and ronald reagan. unemployment down, people back to work. melissa: thanks for coming on the show. we appreciate your time. >> my pleasure. melissa: so there is big divide in the jobs data today, as we're discussing household survey shows total employment surged 873,000, but payroll says only 114,000 people went back to work. even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. that is harsh criticism. here with me is economist peter morici. which also have gary burtless, senior fellow? [no audio. what do you think. what a difference between the two surveys. peter, start with you. >> the bls is not cooking the
control. president obama hasn't had a budget in four years. we have seen $4 trillion deficits under his lack of leadership with our debt reaching $16 trillion. and as you know, if we stay on this path, by the end of his second term, should he be re-elected, it would be $20 trillion. that's unacceptable. >> is there a way to say that within the framework of what simpson/bowles are now providing, this time with the involvement of a lot of the nation's ceos? >> well, governor romney and paul ryan, like i said, have laid out a plan, not just to bring spending under control, but to reform our tax code, get people working again. because with more people in the work force, we'll be able to generate more income and that will be more money coming in. as you know, right now with 23 million americans struggling for work, many of those underemployed, they can't get good jobs. the amount of income we need just isn't coming in. >> yeah. but what i hear you saying is that it's going to be on your terms from your plan. it's not going to be in any way trying to embrace a revamped simpson/bowles. we know
efforts have only added to the deficit. >> couple of nights ago, we had a debate. you may have gotten the chance to see that. >> reporter: before the new jobs numbers, romney had been riding a wave of momentum after this week's debate. he even got a pass from the president, who never mentioned romney's comments on the 47% of americans who don't pay federal income taxes. >> 47% of the people who will vote for the president no matter what. >> reporter: with an obama campaign ad still repeating those remarks, romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you are going to say something that doesn't come out right. in this case, i said something that's just completely wrong. >> reporter: democrats maintain that tone deafness extends from main street to sesame street. so obama aides sent a protester in a big bird outfit to romney's event in virginia to mock his call to end funding for pbs. romney will spend part of his weekend in florida, back in debat
, that brings people in. let's be honest. you might call it deficit and health care law but you get it when it's a joke and something's funny. if there's a seed of truth and real information, you'll remember that. >> truth, realness. the way people actually talk to each other instead of talking points. so dn, we're talking about our conversation at the top of the show, the wisconsin news anchor and the guy who wrote in, talking about weight. people saying i disagree with your guest, overeating is an addiction, that's why most people in this country are overweight. and we're only coddling people by telling them that it's a thyroid problem, it's this or that. you have to eat properly, it's about making healthy choices. >> i think it's certainly about making healthy choices. i have an addiction to food, i eat every day. it's a question of how much i eat. my mom had great issues with weight. went to weight watchers and many organizes growing up. i was firsthand seeing the struggle. i was a chubby kid and she forced me to eat better. it wasn't until my father passed away from diabetes and health co
tax plan won't increase the deficit. that in and of itself is a pretty central fact in this debate, but not, if you look at the media coverage. >> no, that's true. and i think the fact that we have fact checkers playing such an important role gives reporters pass. reporters are not good at math. that's not news. >> remedial math. >> that is definitely news. but they can cover the broader issues. they can cover other things. >> they want to cover the that it irof it and the poll and the momentum and the image making. >> that's what gets the hits on the website, not a story about tax rates. >> it has to be the other candidate who goes after the distortions and the exaggerations and in this case the president did challenge it. >> right. >> and it became a yes it is, no it isn't. >> i agree with you. but in this case on the tax plan, not so much obama care and other things, it did. was it played in the clips? >> it was. >> very little. >> there was a misperception on the argument over taxes. if you watched mitt romney over the campaign, he has argue head will cut everyone's tack bus no
deficit. >> ted, everybody is lying according to you. $250 million. >> only the republicans. >> auto industry is exceedingly important in the state, but if you look at where ohio has grown in job creation since kasich became governor, it has been in manufacturing. we have had significant growth in jobs. say, 123,000 new jobs. those have not been in the job -- in the auto industry. auto industry has not gone up. so if you look at what kasich has done, he's made a real difference. he has the same philosophy and will do the same thing that mitt romney will do as president. lower taxes, less regulation, balance the budget. these are things that make a difference. the other thing that romney will do that the president is not doing and simply, frankly, is incapable of doing, i served with him for two years in the u.s. senate. nice guy. talented. horribly partisan. what mitt romney will do as president is the same thing that ronald reagan did and, frankly, bill clinton did. hold your principles. be tough. in the end you know you have to negotiate, and that's the only way this country can mo
taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> it is time. it is time for the "lightning round." on cramer's you say the name -- >> buy, buy, buy! >> sell, sell, sell! >> when i play this sound -- [ buzzer ] >> -- and then the "lightning round" is over. are you ready, skee-daddy? let's start with dave in michigan. dave? >> caller: hey, jim, big detroit tiger boo-yah to you. >> nice. good luck. what is up? >> caller: hey, jim, agnc. i've got it in my retirement fund, and it's been dropping like a rock. and they're saying it's because of qe3. what do you think? >> look, there are issues involving the fact that these particular mortgage real estate investment trusts should not do as well in this particular environment. i think the yield, i think the dividend could go down a little, i don't know. to me, this one and anna lee, they have navigated almost every yield curve. i'm not going to back away from them. maggie in connecticut. >> caller: yes, jim, it's maggie. >> caller: hi. >> caller: i want to a
deficit topping that number for the fourth straight year. president obama had promised to cut the deficit in half by the end of his first term. next, 51.4 million, that's how many people watched the vice presidential debate on tv between paul ryan and joe biden. fox news the top cable network 10 million viewers. >> topped any network. >> combined can't even top them. try. the asbury park press reporting that's how much the government spent on experimental text terror program in new jersey. police say there are not been any credible tips so far using that service. >> that's a relief. there are more developments this morning in the deadly meningitis outbreak that has claimed the lives of 14 people. the number of confirmed cases now at 185 across 12 states. >> roughly 14,000 have been exposed to the recalled drug. will cece more cases and could you be at risk? joining us now is dr. marc siegel associate professor of medicine at nyu and part of our medical a team there is a new headline this morning on this new fungus that they have discovered, right? >> absolutely. the new headline is that i
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